The Standard Bank Group Bursary Programme stands as a beacon of opportunity for aspiring students across South Africa, offering a comprehensive support system for those aiming to excel in academia and shape a promising future.
This guide provides a detailed overview of the bursary, its benefits, eligibility criteria, and application process.
About the Bursary Programme
With a commitment to fostering academic excellence and nurturing the next generation of African leaders, Standard Bank has initiated a bursary programme tailored for both undergraduate and postgraduate students. Specializing in critical fields such as Agriculture, Commerce, Engineering, Mathematics, and various branches of Technology and Science, this bursary programme is not just a financial aid but a launchpad for career development in pivotal sectors.
Bursary beneficiaries will be required to work for Standard Bank if they receive an offer of employment by the Bank upon graduation.
Benefits
- Full coverage of university fees.
- Accommodation in a university residence or a private setup within specified limits.
- Provision for meals, either through the university or via a self-catering allowance.
- Allocation for books, study materials, and a laptop.
- A monthly stipend for other essential living expenses.
- Transportation costs for trips between home and campus up to four times a year.
Standard Bank Group Bursary Offerings
Undergraduate Bursary
The undergraduate segment of the Standard Bank Group Bursary is specifically designed for students who have successfully completed their first year and are in need of funding from their second year onward. Ideal candidates are those who not only exhibit strong academic prowess (with an average of 65% and above) but also demonstrate comprehensive financial need.
Selection Criteria
- Achievement of a 65% average in recent academic evaluations.
- Registration for full-time studies in eligible fields.
- Participation in a rigorous selection process, including psychometric tests and interviews.
Postgraduate Bursary
The Standard Bank Group Bursary provides full-cost bursaries to financially deserving and academically sound students wishing to pursue postgraduate studies in the funded study fields.
Minimum selection criteria:
- Applicants must have achieved an average of 65% and above in the latest examinations.
- Applicants must register for full-time postgraduate studies at a public South African institution of higher learning
- Applicants will be required to participate in a formal assessment process including but not limited to Psychometric evaluation and interview.
- Financial need is considered in applications.
Application Process
Securing a Standard Bank Group Bursary could significantly alter the course of your academic and professional future. Here’s a step-by-step guide to ensure your application stands the best chance of success.
Step 1: Prepare Early
Begin gathering your documents well before the application deadline. This allows ample time to ensure all paperwork, including certifications and verifications, are up-to-date and complete.
Step 2: Check Eligibility
Before applying, review the eligibility criteria thoroughly to confirm that your field of study and academic achievements align with the bursary requirements. This includes ensuring that you have a 65% average in your latest academic results and that you are enrolled or plan to enroll in full-time studies in one of the supported fields.
Step 3: Register and Apply Online
Applications are submitted via the StudyTrust online application platform.
Complete the application form with accurate and current information. Be prepared to provide details about your academic history, proposed study program, and personal background.
Step 5: Upload Required Documents
Ensure you have digital copies of all necessary documents. These must be clear and legible:
- Certified copy of your ID document: This is essential for verifying your identity and residency.
- Proof of all academic results: Include your Grade 12 certificate and any tertiary academic records. These documents demonstrate your academic performance and suitability for the bursary.
- Documentation confirming household income: This is critical to assess your financial need, a key consideration for bursary allocation.
Step 6: Submit and Confirm
After filling out the application form and uploading documents, review your application for any errors or omissions. Submit your application once you are sure that all information is accurate and complete. You should receive a confirmation email or notification on the platform confirming your submission.
Step 7: Prepare for Further Assessment
If your application proceeds to the next stage, prepare for potential psychometric evaluations and interviews. These assessments are designed to evaluate your suitability further and align your aspirations with the goals of the bursary program.
Important Reminder
- Closing Date: Applications are open from May 1 to September 30. Late submissions will not be considered, so it is crucial to meet the deadline.
- Keep copies of all documents and correspondence related to your application.
- Regularly check your email (including the spam/junk folder) for any communication regarding your application.
Related: 10 Bursary Interview Preparation Steps for Success
The Standard Bank Group Bursary is more than just financial assistance; it’s a commitment to the growth and development of South Africa’s future leaders. By supporting students in crucial fields of study, Standard Bank fosters a foundation of knowledge and expertise that will benefit the individual, the community, and the broader African continent.
